Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Emergency Filtration Products Enters into Financing Agreement

Abstract:
Emergency Filtration Products, Inc. (EFP) (OTCBB: EMFP) today announced that it has entered into an agreement to privately place up to $1,650,000 of its common stock with two individual investors. The financing is comprised of three tranches; the first tranche has already been completed, netting the company $750,000. EFP expects the other two tranches, which will net the company an additional $900,000, to be completed on the first of March and May 2007, respectively. The company intends to use the proceeds from this financing to complete the process of obtaining FDA approval for its NanoMask products.

Emergency Filtration Products Enters into Financing Agreement

HENDERSON, NV | Posted on February 2nd, 2007

####

About Emergency Filtration Products
EFP is an air filtration products manufacturer whose patented 2H Technology(TM) ( http://emergencyfiltration.com/Technology/2HTechnology.htm ) filter system has produced filtration efficiencies of "greater than 99.99%" at a particulate size of 0.027 microns. EFP's initial products were developed for the medical market: the Vapor Isolation Valve(TM) ( http://emergencyfiltration.com/Products/VIV.htm ) and RespAide® ( http://emergencyfiltration.com/Products/RespAide.htm ) CPR Isolation Mask used for resuscitation of respiratory/cardiac arrest cases; and 2H Breathing Circuit Filter for ventilators, respirators and anesthesia circuitry. Each has received FDA approval. The Company also markets an Automated External Defibrillator Prep Kit featuring RespAide; and the NanoMask®, ( http://emergencyfiltration.com/Products/NanoMask.htm ) a nanotechnology enhanced environmental mask. In addition to filtration products, the company supplies Superstat®, ( http://emergencyfiltration.com/Products/Superstat.htm ) a modified hemostatic collagen, to the U.S. Military for surgery and extreme wound care.

About the NanoMask®

EFP's nanoparticle-enhanced environmental mask, the NanoMask® relies on the company's core 2H Technology(TM) filtration system, which utilizes a combination of hydrophobic and hydrophilic filters able to capture, isolate and or eradicate bacterial and viral microorganisms with efficiencies of 99.999%.

Safe Harbor Statement

This release may contain statements that are forward-looking. Such statements are made based upon current expectations that are subject to risk and uncertainty. EFP does not undertake to update forward-looking statements in this news release to reflect actual results of and changes in assumptions or changes in other factors affecting such forward-looking information. The actual future results of the company could differ significantly from such forward-looking statements. Specifically, approval from the FDA, if attained, may not translate into significant sales of EFP's products. Sales may be dependent on the success of future marketing campaigns, and both the perceived need for EFP's products and the competitive performance of such products in the marketplace.

For more information, please click here

Contacts:
PAN Consultants Ltd.
Investor Relations
Philippe Niemetz, 800-477-7570 or 212-344-6464
Fax: 212-509-2755

Copyright © Business Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Investments/IPO's/Splits

Harris & Harris Group Portfolio Company, Magic Leap, Raises $793.5 Million in New Funding February 3rd, 2016

Israel: A Nanotech Superpower: Did you know that Israel is a hotbed for nanotechnology research and development? February 1st, 2016

PEN Inc. Announces 1-for-180 Reverse Stock Split January 27th, 2016

Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 2, 2016 January 13th, 2016

Announcements

Graphene leans on glass to advance electronics: Scientists' use of common glass to optimize graphene's electronic properties could improve technologies from flat screens to solar cells February 12th, 2016

Breaking cell barriers with retractable protein nanoneedles: Adapting a bacterial structure, Wyss Institute researchers develop protein actuators that can mechanically puncture cells February 12th, 2016

Replacement of Toxic Antibacterial Agents Possible by Biocompatible Polymeric Nanocomposites February 12th, 2016

Properties of Polymeric Nanofibers Optimized to Treat Damaged Body Tissues February 12th, 2016

Human Interest/Art

Rice to enter first international nanocar race: Five teams will participate in October 2016 event in France December 15th, 2015

Bionic liver micro-organs explain off-target toxicity of acetaminophen (Tylenol): Israeli-German partnership aims to replace animal experiments with advanced liver-on-chip devices August 17th, 2015

Omni Nano and Time Warner Cable Partner to Provide Nanotechnology Education to the Boys & Girls Clubs of Los Angeles: A $10,000 Donation to Benefit Youth of Los Angeles County's Boys & Girls Clubs August 4th, 2015

Kalam: versatility personified August 1st, 2015

NanoNews-Digest
The latest news from around the world, FREE





  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic